NextDecade, developer of the Rio Grande export project in Texas and listed on the Nasdaq global stock exchange, has missed its deadline to file first-quarter earnings and is expected to further delay its final investment decision.

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Three LNG export plants planned for the Texas Port of Brownsville and comprising multiple liquefaction Trains and around 37 million tonnes per annum of output are facing indirect legal challenges aimed at the leases awarded by the Brownsville Navigation District for the plant sites.

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The US Federal Energy Regulatory Commission authorized three LNG export projects around the Texas Port of Brownsville comprising multiple liquefaction Trains and around 37 million tonnes per annum of output, along with investments amounting to almost $39 million to create thousands of jobs in the Gulf Coast port region.

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The US Annova liquefied natural gas export project planned for the south bank of the Brownsville Ship Channel in Texas, and whose owners include Chicago-based power company Exelon Corp., has concluded a tax deal in Texas showing the encouragement being offered to the build-out of the LNG sector along the Gulf Coast.

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